Can the IRS touch my Bitcoin??? Uncle Sam wants his cut!
The US of A wants what they feel belongs to them, and that may be your Bitcoin. Although they’ve already regulated it as property and not currency, they’re still feeling entitled. Did you use any of your Bitcoin? Buy anything? Yea, they want to chat.
Either way we’re on a decentralized system and you’d have to almost shut down mankind to shut down BTC. So, will we have to pay taxes on it as a currency eventually?
So much has to happen for things to go belly-up in this industry, but you may want to keep your ears to the streets when it comes to our BTC and greedy Uncle Sam.
-Nick “The Bitcoin Boss”
IG: @Bitcoin.Atlanta